Archives For
Education

Why a 401k might not be the great investment you’ve been led to believe.

I’m a guest of Jon White, author of the book:
A Tale of Two Houses – his journey of buying a home the right way after buying one the wrong way.

What’s covered in this audio:
What’s happening to your money when you give it to Wall Street?
How annual fees are stealing your future wealth.
The less work you do investing, the less profit you make.
The take away? 401k investing might not be what you think it is.

Knowledge of money all starts with the basics. You need a solid foundation before you can build a house. Mike Maloney’s Hidden Secrets of Money video series is the best primer I can recommend to get you started.

We talk to Nick from Alaska and ask him what it’s like recently out of The US Navy, going to college, and forging a path in this crazy economic terrain?

Interview Questions:

1) Who’s your biggest hero?
2) Why college?
3) What would you say to folks in their 20’s, thinking about going back to school?
4) What about someone in school thinking about quitting because a full time job seems more lucrative?
5) When do you think you’ll be making “enough” money?
6) Where do you want to be in 5 yrs?

Give us a call on our voicemail listener feedback line at 615-200-7189
or drop Greg an email at: greg [at] debtshepherd [dot] com

This is your opportunity to experience financial wellness coaching with Debt Shepherd. And we’re doing it before the holiday season of spending temptation gets here.

Free Coaching is available to one listener. Your opportunity is open for two weeks.

Here’s how it works:

1) Tell me your story:
Between now Fri Nov 11/8/2013 and Mon. 11/25/2013. I’ll pick the best submitted story. Please limit it to one page if you can. Use the “Your Story” tab at the top of this page, leave a voicemail by clicking the red voicemail tab on the right of this page, or send an email (top right of this page).

2) Free coaching:
Offered to the listener whose story is picked. We’ll do an hour or two of coaching by phone to get you started on solving your most pressing financial problem.

3) Interview before coaching:
We’ll do an interview for the podcast before you start your 30 day journey to financial wellness. During the 30 days, you’ll have unlimited access to me by email. You’ll also have access to me by phone during specified time frames.

4) Interview after coaching (30 days):
After a month of implementing change in your money life, we’ll spend time again and record the conversation for the podcast. Our listeners will get to hear how it started for you, what you did to kick start changing and where you’re headed.

Famous example:
Holy Grail – Tradition says Jesus used the cup at the Last Supper to institute Mass. Other stories claim that Joseph of Arimathea used the cup to collect and store the blood of Christ at the Crucifixion.

What does a cup do?
What is it’s purpose?
What’s most important? Cup or contents?
Half empty, half full? Does it quench my thirst?

Drink from your own chalice analogy:
Drink from your own cup
Draw from your own wisdom
Dip your bucket into your own well
You are the source of your abundance
You are the source of your wisdom

And so it is with money and borrowing it:
Stop looking outside yourself for your abundance

Donate:

Thank you for your exchange of value with us.
If you find value in the Debt Shepherd website & podcast , enjoy the content , and appreciate the energy put into it for you, please consider returning some energy by making a donation via
PayPal to greg@debtshepherd.com - Greg